March 17, 2015
by Bob Meyer, Editor of BarterNews
Want You To Know...When you sign up to receive the
FREE weekly Tuesday Report announcement your e-mail address
will never be sold, traded, or given to another party.
Note: We receive e-mails from people who have signed up
for the Tuesday Report, and then tell us they’re not
receiving our weekly announcement. In most cases this is because
they’re blocking unwanted e-mails.
ensure that our weekly Tuesday Report e-mail announcement
reaches your mail box, we suggest you add
to your address book or safe sender list.
If you are a frequent visitor to our site we suggest
you hit the "refresh" button from time to time as we add information
to our site several times a week
From the desk of Bob Meyer...
back issues of "From the Desk..." can be accessed by
free to forward our newsletter to your friends and
colleagues. We have a "box" at the end of the
newsletter for your convenience.
See you next week...)
ITEX Commences Tender Offer To Purchase Its Common Stock
ITEX Corporation (OTC Marketplace: ITEX), The Membership Trading
Community®, a leading marketplace for cashless business
transactions in North America, announced today that it has commenced
a partial tender offer to purchase up to 750,000 shares of its
common stock, at a price of $4.00 per share.
number of shares proposed to be purchased in the tender offer
represents approximately 26.1% of ITEX's currently outstanding
common shares (including shares of unvested restricted stock). On
March 13, 2015, the last trading day prior to the commencement of
the tender offer, the last sale price of ITEX's shares reported on
the OTC Marketplace was $2.71 per share.
The tender offer
will expire on April 15, 2015, at midnight (one minute after 11:59
p.m.), New York City time, unless extended. Tenders of shares of
ITEX's common stock must be made on or prior to the expiration of
the tender offer and may be withdrawn at any time on or prior to the
expiration of the tender offer.
Only shares properly
tendered and not properly withdrawn pursuant to the tender offer
will be purchased. The tender offer will be financed entirely with
cash on hand. ITEX reserves the right, in its sole discretion, to
purchase in the tender offer, subject to applicable law, an
additional number of shares not to exceed 2% of the outstanding
shares without amending or extending the tender offer.
Questions concerning the tender offer or requests for copies of the
Offer to Purchase, Letter of Transmittal and related documents
should be directed to Corporate Communications at ITEX Corporation
at 800-277-9722, extension 4003. OTR, Inc. is the Depositary
for the tender offer. The Offer to Purchase, Letter of
Transmittal and related documents are being mailed to registered
stockholders and will also be made available for distribution to
beneficial owners of ITEX's common stock.
None of ITEX, its
Board of Directors, or the Depositary is making any recommendation
to stockholders as to whether to tender or refrain from tendering
any shares. Stockholders and investors should read carefully the
Offer to Purchase, Letter of Transmittal and related materials,
should consult with their own financial and tax advisors, and should
make their own decisions about whether to tender shares, and, if so,
how many shares to tender.
(This press release is for
informational purposes only and does not constitute an offer to
purchase or the solicitation of an offer to sell shares of ITEX's
common stock. The tender offer is being made pursuant to the Offer
to Purchase, Letter of Transmittal and related materials that ITEX
will be distributing to its stockholders and filing with the
Securities and Exchange Commission.)
For more information on
ITEX, click here.
Products Head List Of Innovations For Small Firms
While innovation comes in many forms for small businesses, most
often those innovations were in the form of product (55%), according
to a survey by the National Federation of Independent Business. That
was followed in order by service, process, and design.
of the owners surveyed, 35% have not made an introduction or
significant improvement in these areas, and 11% said that it has
been three or more years since they have done so. A third of the
owners said the source of innovation was from within their business,
while 42% said the idea involved modifying or upgrading something
seen somewhere else, and 15% indicated it was a direct copy.
Three quarters (75%) of the owners surveyed said they specifically
and directly encourage their employees to suggest ideas for new
products or services. And 52% said they give bonuses or recognition
to those who come up with ideas the business can use.
BarterNews.com — World's Largest
Hundreds of valuable articles,
techniques, and strategies are found in the following various barter
Offset & Countertrade,
Restaurant & Entertainment
Categories are found on the horizontal bar at the top - 3rd
button from right.)
Money-Making Reports Available From BarterNews
Your Aim ... Customers For Life!
Martha Rogers, PhD and co-author of The One to One Future:
Building Relationships One Customer at a Time, is one of those
experts who believe your goal should not be to increase your
customer base. Rather, your goal should be to ensure that each
customer who buys your product or service buys more of your product
or service — and is happy always choosing your company over
others. When a customer buys from you it's an invitation. Not just
for a sale, but also for a relationship.
In a word: loyalty.
In four words: a customer for life.
In the future, says
Rogers, more businesses will focus on the lifetime value of each
customer, rather than the short-term profits they can get from new
customers. She claims creating one-to-one relationships is key and
will be helped by evolving interactive technologies of which small
businesses can take advantage. Today's fax machines, cell phones,
and e-mail technology are just the tip of the interactive iceberg
that you and your customers can use to stay connected.
Is Your Trade Exchange Missing Out On
Valuable New Business?
your barter company's listing on BarterNews.com isn't current, you
are definitely missing out on new business. The web site
BarterNews.com receives heavy traffic — with over 150,000 page-views
every month. Entrepreneurs and corporate executives check the
thousands of articles, the weekly "Tuesday
Report," and the "Contacts
Section" of our site. They use the latter to find barter
companies with which to do business.
Is your barter company's listing up-to-date?
To keep your listing current is very easy. See the links below to (A)
update any changes to your company's listing, such as new location,
phone number, web site or other information, and (B) if your company
has not been listed.
Here's how to get on board:
make changes to your listing
Fast Steps For Developing Customer Loyalty
- Offer the greatest product or service … and the
- Provide a comfortable, satisfactory experience.
- Produce results.
- Survey customers about their experience with your company,
and suggestions for improvement.
- Resolve problems immediately.
- Be forthright with complete information.
- Be honest.
- Expect to work hard and spend time to build customer
- Track client retention.
- Find out why former customers defected.
- Pay attention. Being ignored is a major reason customers
- Keep in touch with people who have done business with you in
- Send cards to your clients. A personalized, handwritten
message in a greeting card says, "I care about you."
- Involve everyone in your company in satisfying customers.
- Incorporate your USP (unique selling proposition) by
offering a percentage of your products or services on barter.
How To Get More Sales In
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
restaurant's sales & profits.
The Growth and Use of Secondary
Capital (New Money) Creates Unprecedented Wealth In Today's New Age
There are many forms of secondary
capital — which can be defined as any financial instrument that
measures and communicates value in a common language. Would you like
to see and learn more about the many forms of secondary capital?
We have 70 free, informative and
inspiring, articles for you in our "Secondary Capital Section."
Check it out...
Get New Money-Making Ideas And
obtain useful, informative ideas and contacts in every available
back-issue of BarterNews.
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
We welcome your
comments, questions, and observations.
Copyright BarterNews 2015. Redistribution of BarterNews
content expressly prohibited without the prior written permission of BarterNews.